CHAMBER IN ACTION August 2004 Issue
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| 37th PBEC IGM in Beijing |

The Pacific Basin Economic Council (PBEC)
concluded its 37th IGM in Beijing on June 29, 2004. Under the theme "Driving
Change: A New Role for Business in the Asia-Pacific." More than 350 delegates
from 20 economies in the Asia-Pacific region attended the meeting and participated in a
series of plenary sessions and roundtable discussions with the region's top government and
business leaders, including Madame Wu Yi, Vice Premier of China. |
| Occupational Safety and Health Award |
Dr Y S Cheung
(4th from left), the Chamber's Senior Director, Operations, represented the Chamber at
"The Hong Kong Occupational Safety and Health Award," held on June 16. This
marked the third year in a row that HKGCC co-organised the event. The high number of
companies participating in this year's awards reflects their awareness of the importance
of reinforcing occupational safety. The Chamber will continue to work closely with the
Labour Department and the Occupational Safety and Health Council in delivering messages of
good employment practices. |
 Takayuki Yamamoto (left), Chief Representative,
Development Bank of Japan (DBJ) Singapore Office, and Zenya Yamasaki
(right), Director General of Mergers and Acquisitions (M&A) Department, DBJ, spoke at
a Chamber roundtable luncheon on June 17 on the rapid recovery of the Japanese economy and
M&As in Japan.
Mr Yamamoto's Speech
Mr Yamasaki's Speech
Q & A
Webcasting
Ali Mohammed
Thunayan Al-Ghanim, Chairman, Kuwait Chamber of Commerce and Industry, led a
delegation to the Chamber on July 9 where they were welcomed by HKGCC CEO Dr Eden Woon and
Chairman of the Asia Africa Committee Manohar Chugh. Members expressed their interest in
furthering business links with Kuwait at the meeting, at which the two chambers also
concluded a Protocol of Cooperation.
Guan
Aiguo, Chairman of the Administrative Committee of Suzhou National New &
Hi-Tech Industrial Development Zone, and his delegation called on Chamber CEO Dr Eden Woon
on June 16 to update HKGCC on the developments of the Suzhou New District and a number of
upcoming investment projects in the city.
Yang
Weize, Mayor of Suzhou, visited the Chamber on June 18 to talk about economic
development in Suzhou and exchanged ideas for enhancing mutual cooperation in the future.
Li
Youcai, Party Secretary of Yichang, led an official delegation to the Chamber on
June 21, to discuss ideas for mutual cooperation between the Chamber and Yichang.
Luo
Qingquan, Governor of Hubei Province, visited the Chamber on June 21 to discuss
the latest economic developments in the province.
Lu
Zhangong, Governor of Fujian Province, called on the Chamber on June 23 to
discuss ways to develop mutual cooperation between his province and the Chamber.
Liu
Yajun, Director General of Investment Promotion Agency of Ministry of Commerce
PRC, called on the Chamber on June 24 and briefed HKGCC on preparation work for the 8th
China International Fair for the Investment & Trade.
Ken
Chung, Business Development Manager, Sun Hing Total Logistics, spoke at the
Chamber's roundtable luncheon on July 14 on "How Total Logistics Can Help Companies
Reduce Operating Cost."
The First
Pan-PRD Business Association Joint Meeting took place on June 23. Stanley Chu,
Chamber China Committee member, represented the Chamber to sign the Agreement of
Cooperation with the other 16 business associations.
Jens Hald Madsen,
Head of the Foreign Policy Committee of the Danish Parliament, and his delegation were
welcomed to the Chamber on June 21 by Dr Woon, who briefed the visitors on the latest
developments in Hong Kong. The delegation was especially interested in learning more about
universal suffrage related to the election of the Chief Executive and members of the
Legislative Council.
David
Eldon, Chairman of HSBC, was elected PBEC International Chairman at the 37th IGM
in Beijing on June 29, 2004, and the PBEC board also named Hong Kong as the host of the
38th IGM, which will take place on June 11-14 2005.
Douglas
Fergusson was elected Chairman of the Pacific Basin Economic Council (PBEC) Hong
Kong Member Committee at its 15th Annual General Meeting on July 12. David Eldon, who
recently assumed the role of PBEC International Chairman, stepped down as Chairman of PBEC
Hong Kong. At the meeting, members were updated on the 2005 IGM to be held in Hong
Kong and the new membership structure with direct membership.
| Constitutional
Development |
The
Constitutional Development Working Group held its second meeting on June 24 to
discuss the Chamber's response to the issues posed in the Third Report of the Government
Constitutional Development Task Force.
Oscar Chow
was re-elected Chairman of the Chamber's Industry and Technology Committee at its meeting
on June 24, while Prof Cliff Chan and Edmond Yue were elected Vice Chairmen. At the
meeting, Weiman Chu, Branch Director, HKPC, discussed HKPC's five-year strategic plan.
Paul
Chan of the Hong Kong Society of Accountants, explained at the HKGCC SME
Committee meeting on July 12 the new accounting standard being developed for SMEs.
The Chamber has been
invited to be a "partner organization" of the government's Sustainable
Development Council, which is developing a public engagement process on three
priority issues, namely, renewable energy, waste, and urban living space. Three
"invitation and response" documents on these three issues have been prepared by
three "support groups" under the council.
Dr WK Chan
and Chamber China Economist Ruby Chu met with Chua Hoi Wai and Anthony Wong of the Hong
Kong Council of Social Services on July 18 to discuss possible collaboration on a research
project on the social and economic implications of Pearl River Delta integration.
Following
consultations with members of the Retail and Distribution Committee, the Chamber submitted
its views on the consultation on pre-vention of avian flu on June 16.
Dr WK Chan,
Senior Director of the Chamber's Business Policy Division, and Dr YS Cheung, Senior
Director for Operations, called on General Committee member Jack So on June 25 to discuss
merging of the Information Services Committee and the e-Committee, into the new Digital,
Information and Telecommunications Committee. At the meeting, Mr So agreed to
chair the committee, which will be under the Operations Division.
The
HKCSI Competition Policy Expert Group met on July 14 to discuss the case for a
possible competition law for Hong Kong.
Nick Brooke
was elected Chairman of the HKCSI Executive Committee at its meeting on July 15, while
Marshall Byres was elected Vice Chairman. During the meeting, CSI agreed to establish two
interest groups, one on healthcare services and the other on media, advertising and
creative industries.
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